Hendley & Co. Inc. Buys 10,573 Shares of Honeywell International Inc. (HON)

Hendley & Co. Inc. raised its stake in shares of Honeywell International Inc. (NYSE:HON) by 37.1% in the third quarter, Holdings Channel reports. The firm owned 39,074 shares of the conglomerate’s stock after buying an additional 10,573 shares during the period. Honeywell International comprises approximately 3.2% of Hendley & Co. Inc.’s investment portfolio, making the stock its 10th biggest holding. Hendley & Co. Inc.’s holdings in Honeywell International were worth $6,502,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. YHB Investment Advisors Inc. lifted its position in shares of Honeywell International by 4.8% during the 3rd quarter. YHB Investment Advisors Inc. now owns 25,312 shares of the conglomerate’s stock worth $4,212,000 after buying an additional 1,167 shares in the last quarter. CMH Wealth Management LLC lifted its position in shares of Honeywell International by 9.9% during the 3rd quarter. CMH Wealth Management LLC now owns 8,104 shares of the conglomerate’s stock worth $1,349,000 after buying an additional 730 shares in the last quarter. Squar Milner Financial Services LLC lifted its position in shares of Honeywell International by 155.4% during the 3rd quarter. Squar Milner Financial Services LLC now owns 835 shares of the conglomerate’s stock worth $139,000 after buying an additional 508 shares in the last quarter. NN Investment Partners Holdings N.V. lifted its position in shares of Honeywell International by 43.2% during the 3rd quarter. NN Investment Partners Holdings N.V. now owns 34,474 shares of the conglomerate’s stock worth $5,493,000 after buying an additional 10,404 shares in the last quarter. Finally, CWM LLC lifted its position in shares of Honeywell International by 152.6% during the 3rd quarter. CWM LLC now owns 3,402 shares of the conglomerate’s stock worth $566,000 after buying an additional 2,055 shares in the last quarter. Institutional investors and hedge funds own 75.05% of the company’s stock.

HON has been the topic of several recent analyst reports. MED began coverage on shares of Honeywell International in a research report on Thursday, July 12th. They set a “buy” rating and a $166.00 target price on the stock. Deutsche Bank set a $166.00 price target on shares of Honeywell International and gave the stock a “buy” rating in a report on Thursday, July 12th. Barclays lifted their price target on shares of Honeywell International from $172.00 to $176.00 and gave the stock a “$153.70” rating in a report on Monday, July 23rd. JPMorgan Chase & Co. lifted their price target on shares of Honeywell International from $168.00 to $170.00 and gave the stock a “$153.70” rating in a report on Monday, July 23rd. Finally, Citigroup lifted their price target on shares of Honeywell International from $191.00 to $196.00 and gave the stock a “$153.70” rating in a report on Monday, July 23rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. Honeywell International has an average rating of “Buy” and an average target price of $172.90.



Honeywell International stock opened at $142.96 on Wednesday. Honeywell International Inc. has a 1-year low of $139.30 and a 1-year high of $167.72. The company has a market capitalization of $108.11 billion, a P/E ratio of 20.11, a price-to-earnings-growth ratio of 1.80 and a beta of 1.00. The company has a quick ratio of 1.20, a current ratio of 1.49 and a debt-to-equity ratio of 0.76.

Honeywell International (NYSE:HON) last released its quarterly earnings data on Friday, October 19th. The conglomerate reported $2.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.99 by $0.04. The business had revenue of $10.76 billion during the quarter, compared to analyst estimates of $10.75 billion. Honeywell International had a net margin of 6.13% and a return on equity of 33.69%. Honeywell International’s revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.75 EPS. Sell-side analysts forecast that Honeywell International Inc. will post 7.98 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 7th. Stockholders of record on Friday, November 16th will be given a dividend of $0.82 per share. This is a positive change from Honeywell International’s previous quarterly dividend of $0.75. This represents a $3.28 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date is Thursday, November 15th. Honeywell International’s payout ratio is 41.91%.

Honeywell International Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. It operates through four segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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